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Smaller grain harvest hits ARG figures

<p>A drop from last year’s record grain harvest has pushed down the Australian Railroad Group’s (ARG) haulage figures for the month of January 2005, the company’s co-owner, Genesee and Wyoming Inc (GWI), reported.</p> <p>The drop in grain traffic meant a decrease of 3,599 wagon-loads of grain for the Western Australian-based operator, compared to January 2004, GWI said.</p> <p>Hook-and-pull traffic also declined for the period to the tune of 1,386 wagon-loads due to "non-recurring business" during January 2004.</p> <p>However, an increase in iron ore traffic of 2,301 wagons helped offset these decreases.</p> <p>Other commodities increased by a total of 614 wagons.</p> <p>Overall traffic decreased 2.4% on January 2004, GWI said. </p> <br />